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Federal Tax Update - 07.28.2008
 [8/18/2008]
Click here to listen to the audio. Alternatively, you may download the file to your computer by right clicking your mouse, choosing “Save Target As”, then selecting a location on your computer to save the file.


Michael Mares provides the update for the week of 7/28/2008
  • Issuance of temporary and final regulations on averaging of income for fishermen and farmers which is based on the American Jobs Creation Act of 2004
  • Notice 2008-67 IRS explains taxpayer’s ability to claim additional bonus depreciation in the Kansas disaster area
  • Tax court case – son of boss case – conflicting testimony – IRS fails to get retrial
  • 2008–29013 - eligible replacement property
  • And more…


For more information contact: msc@ficpa.org


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